While a lot of mutual funds and hedge funds alike suffered huge losses in 2008, Viking Global Investors, managed by Andreas Halvorsen eke out a tiny gain. This is his Q3 portfolio update.
Andreas Halvorsen seems to be good at market timing, or he can sense risks and opportunities. In late 2007, he reduced leverage and exposure to the stock market. At the beginning of 2009, he started a long only fund. Like Blue Ridge’s John Griffin, Lone Pine’s Steve Mandel, and Maverick Capital’s Lee Ainslee, Andreas Halvorsen was a Tiger cub, learned from the legendary Julian Robertson.
Andreas Halvorsen’s Viking Global Investors LP. owns 54 stocks with a total value of $7.8 billion. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of Andreas Halvorsen
Andreas Halvorsen seems to be good at market timing, or he can sense risks and opportunities. In late 2007, he reduced leverage and exposure to the stock market. At the beginning of 2009, he started a long only fund. Like Blue Ridge’s John Griffin, Lone Pine’s Steve Mandel, and Maverick Capital’s Lee Ainslee, Andreas Halvorsen was a Tiger cub, learned from the legendary Julian Robertson.
Andreas Halvorsen’s Viking Global Investors LP. owns 54 stocks with a total value of $7.8 billion. These are the details of the buys and sells.
- New Purchases: ABC, ADSK, AOC, ATLS, C, CBS, CI, ESRX, FLS, HAL, HPQ, HPT, IR, MHS, MLNK, PEP, RNR, ROVI, SFD, STJ,
- Added Positions: APOL, BEN, CSX, CVS, DVA, GR, IVZ, JPM, OMI, RAH, SHW, TYC, V, VMED, XTO,
- Reduced Positions: ACE, BAC, DIS, DTV, GOOG, GS, LPS, MA, NRG, OI, PCLN, QCOM, TEX, UHS,
- Sold Out: AMT, BPOP, CCE, CECO, CL, COV, CTSH, CYH, FITB, HMA, MCK, TAP, TMO,
This is the sector weightings of his portfolio:
| Financials | 45.4% |
| Consumer Services | 14.6% |
| Industrials | 14.1% |
| Health Care | 12.1% |
| Technology | 5.8% |
| Utilities | 2.8% |
| Oil & Gas | 2.1% |
| Consumer Goods | 1.8% |
| Telecommunications | 1.5% |
These are the top 5 holdings of Andreas Halvorsen
- VISA INC. (V) - 12,619,900 shares, 11.13% of the total portfolio
- INVESCO LTDSHS (IVZ) - 28,270,100 shares, 8.21% of the total portfolio
- JPMorgan Chase & Co. (JPM) - 10,418,300 shares, 5.83% of the total portfolio
- Franklin Resources Inc. (BEN) - 3,951,600 shares, 5.08% of the total portfolio
- Express Scripts Inc. (ESRX) - 4,795,323 shares, 4.75% of the total portfolio
